Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[sir faps]

I panic bought at 799.5 on btc-e. What was I thinking?!

Sell now before we hit 650 @ btc-e.

This, get out before it's too late!

Sold at 781.5. So far I'm happy I did

[windjc]

So, people saying we're gonna get that one last chance to buy low. I hope so, I also have my bids, but everyday it looks less and less likely. I suppose one of us could trigger it by thinking "screw it, I'm gonna go all in." It's not gonna be me though...

Yeah, we are going to have ONE LAST LOW. And its coming over the next 48-60 hours with the weekend dip. And then on January 6th it will be higher than it is today. So you better buy the dip that's coming - which will probably be around $720 on Stamp.

[ChartBuddy]

[virtualfaqs]

So, people saying we're gonna get that one last chance to buy low. I hope so, I also have my bids, but everyday it looks less and less likely. I suppose one of us could trigger it by thinking "screw it, I'm gonna go all in." It's not gonna be me though...

Yeah, we are going to have ONE LAST LOW. And its coming over the next 48-60 hours with the weekend dip. And then on January 6th it will be higher than it is today. So you better buy the dip that's coming - which will probably be around $720 on Stamp.

I hope you're right too. But unless all that Mtgox support is fake, I don't see it happening.  I panic bought some at $850 and will probably be holding unless there's terrible news or someone market orders for 5000.

[Davyd05]

lets go 4700 cny,

[OldGeek]

lol @ china syndrome.

[Bitcoinpro]

someone just sold 1 million worth of coin its on bitcoin clarkmoody USD 1 minute clock

[Davyd05]

BTC869 sold eh, who knows.

[RandyMagnum]

I'd venture to say s/he's watching Huobi.  They racked up a handful of reds right before s/he decided to jump at xx:41

[ChartBuddy]

[spooderman]

So, people saying we're gonna get that one last chance to buy low. I hope so, I also have my bids, but everyday it looks less and less likely. I suppose one of us could trigger it by thinking "screw it, I'm gonna go all in." It's not gonna be me though...

Yeah, we are going to have ONE LAST LOW. And its coming over the next 48-60 hours with the weekend dip. And then on January 6th it will be higher than it is today. So you better buy the dip that's coming - which will probably be around $720 on Stamp.

I hope you're right too. But unless all that Mtgox support is fake, I don't see it happening.  I panic bought some at $850 and will probably be holding unless there's terrible news or someone market orders for 5000.

A weekend dip aint what I'm talking about. I was more promised some 400 - 500 coins (stamp). Guess I'm gonna be stuck with some fiat.

[OldGeek]

A weekend dip aint what I'm talking about. I was more promised some 400 - 500 coins (stamp). Guess I'm gonna be stuck with some fiat.

There still is that chance.  Depends on whose kung fu that you listen to.

[spooderman]

oo, blockchained order book depth all time gone logarithmic.

What happened to the 4k or so coins that disappeared off goxes book? Were they bought or are they hiding?

[ChartBuddy]

[Davyd05]

the thread is quiet like the markets, what will this Friday bring, I'll be getting my second filling always fun to tell the hygienists about bitcoin lol

[OldGeek]

Ya.  The weekend should be fun.

Good luck with your tooth.

[OldGeek]

Been watching the bots playing on BTC-e when suddenly some dude puts up a mini ask wall at 92.

edit:  the wall was at 780 for 92 coins and he's sold 24 already.

[spooderman]

Just thought I'd point out, there hasn't been a poll on here that doesn't have a grammar error yet.

[OldGeek]

Yeah.  Adam has trouble with speeling.

Looks like the market is going to go east for a while.  May pick up when EU wakes.

[aminorex]

So, people saying we're gonna get that one last chance to buy low. I hope so, I also have my bids, but everyday it looks less and less likely. I suppose one of us could trigger it by thinking "screw it, I'm gonna go all in." It's not gonna be me though...

Well, Risto said that, and everybody mostly found his model to be pretty compelling, me included, since it accounts for so much of the history, but that doesn't make it right forever (such things are always right until they are wrong) -- and it was broad enough to encompass a scenario in which there was no deeper cut than the December low.  Certainly we could be back on the exponential trendline right now, to within the generally lax parameters of the model as described.  I've certainly been surprised by how quickly a model prediction has played out in the past, as regards hyperactive bitcoin.

If you can't commit, then optimize your scenario using a bimodal model.  Make a probability estimate for each case, and estimate centroids, to optimize trading outcome.  I think more than two modes would be excessive:  The indefinite sideways alternative is ludicrous in the bitcoin world, unless your ADHD has reached the terminal phase, in which case event horizon time dilation means we are instantaneously sideways forever and always.